Covisint: Covisint : Issues Response to Dialectic Capital Management LLCs Letter to Shareholders

(GlobeNewswire) - Covisint Corporation (Nasdaq:COVS) today responded to Dialectic Capital Management LLCs (Dialectic) July 19, 2017 letter to Covisints shareholders wherein Dialectic announced its intention to vote against OpenTexts (NASDAQ:OTEX) (TSX:OTEX) acquisition of Covisint. In recommending that Covisint shareholders vote FOR the Open Text Merger Agreement, Covisint issued the following statement: Many of the assertions [...]